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to the e.u. blasting the new tax on financial transactions hurting investors worldwide, and you warned me, this is big news. very important. >> it's a developing story. we got the letter here, 11 countries in the e.u. are moving to assess a tax on trades around the world meaning stocks and bonds meaning it could hit your 401(k) account and not know it's happening. the e.u. is in recession, 11 countries want the new tax, and we got the letter coming from the big mutual fund companies, ici, and the big bangs -- banks. they say, look, this is a really bad idea, guys, because, essentially, it's going to hurt investors around the globe. let's go through it. what they say is essentially increased trading costs dramatically reduce financial transactions, diminish liquidity, meaning increased volatility that hurts investors, and it's job killing with historic records of jeblessness around the globe. breaking news, the u.s. treasury talking to fox business, and the u.s. government opposes this new e.u. tax. they do not support it. let's put the statement from the treasury on the screen. the proble
a warhead small enough to fit on a long range missile. the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one an
: on that note -- dagen: a letter to the eu blasting the new tax on financial transactions because it is hurting investors worldwide. here with more is elizabeth macdonald. liz: it is coming from the financial services round table, the big u.s. bank. they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties. they are worried about treaty protection. also, the big and run that is being talked about at the eu is that traders that assess this tax and do the trades outside that zone, those companies will not be allowed to do any trade transactions with those 11 countries whatsoever. this is serious breaking news for investors all over the world. connell: this would hit
. we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after nemo. what impact will this have on r
. then christie is going to appoint a republican to take 34eus his place and there will be a special election, right? >> he would probably, i would guess appoint the man who lost in the race. if i were chris christie. >> bill: then there would be a special election. >> yes. menendez has two problems. one quickly is the minor problem is whether or not he used prostitutes in the dominican republic and you will see either that is true or it is not true. melgen this fellow that you had on the screen there eye surgeon a multimillionaire who is not only in trouble with the irs. his office was raided. owes $10 million in back taxes. also the biggest contributor to menendez. >> bill: you know it's dirty. >> menendez got melgen eye surgeon into a sweetheart deal with a former associate of menendez. >> bill: this is dirty. >> did he cross the line? >> bill: yes. >> between helping his donor or doing something illegal? the senate ethics committee is reviewing. >> bill: as far as i know menendez is toast. >> i wouldn't go that far at all. let the process play out. >> bill: now you are a politician so you
. today as the european union voted against arming them with weapons, despite a push by britain, the eu express ed fear that the weapons could end up in the wrong hands and lead to more bloodshed. the two-year civil war between rebels and president assad's regime has killed nearly 70,000 syrians. >>> the israeli military is apologizing tonight for this insta gram photo posted by a sniper. it reportedly shows a political boy's head in the cross hairs of his rifle scope. the boy was not killed. the photo scandal is the late nest a series of social media blunders by israeli soldiers. last week a soldier was sente e sentenced to 14 days in prison for posting a photo of him and 14 bound palestinian detainees. we know the cause of the fire that disabled a kacarnival cruiseship and left it floating adrift. the coast guard said a leak in the fuel oil line caused the fire in the engine room on february 10. the ship then lost power and needed to be towed back to shore. over the next five days 4,200 passengers and crew members had to deal with unpleasant conditions like overflowing toilets, long
with asean, singapore, japan and korea. and we're also in dialogue with the eu. we have been talking about a bilateral investment treaty, but not necessarily with a due sense of urgency. for meeting since negotiations started in 2007 does not suggest a great deal of haste. much as it might surprise, we want this as much as you did because it is also of interest to us. ladies and gentlemen, important as they are, market access issues, and goods and services, and i to be seen perspective for they can be made to define narrative. why we must work to sort out these challenges, it is not in our interest to let such issues define the relationship. this is why we have proposed to create an ad hoc clearinghouse mechanism to discuss market access issues in the trade policy forum. i believe that we also need to find a new positive narrative that can bind our countries closer together. one such opportunity i feel is in the energy sector. without a shirt access to energy inputs in sufficient quantities, we will not be able to sustain our economic development. therefore, an enduring in the u.s. partner
with the eu. not necessarily with a decent of urgency. it does not suggest a great deal of pace. it may surprise you that we want this as much as you do. ladies and gentlemen, important as they are, services can be seen in perspective " for be made of the defining narrative. while we must sort out these challenges, it is not in our interest to define racial profiling. we will discuss market access issues at the trade policy forum. we also need to find a positive narrative that will bind our countries together. one is in the energy sector. without access to energy inputs, we will not be able to sustain economic development. therefore, an enduring partnership should not only cover technological and regulatory aspects, but established commercial partnerships. as the u.s. becomes a net exporter of energy, we hope we can develop mutually beneficial partnerships. renewable energy, biofuels and emission technologies. in each of these cases, there can be immediate benefits for both sides. you're interested in exporting natural gas and exporting to non fta countries would help stabilize internat
also say the good news out of europe this morning putting a bid under the market with eu leaders agreeing to budget cuts for the first time in seven years. what's not to love? >> everything is to love. the volume is light, it doesn't matter, and generally i would have disputed that, but i think volume is light, if it would have been bigger then we would have had more to the upside. i think a lot of volume is due to people going home. i sense the sentiment is correct, people like this market. they like it. liz: they like it. okay. it's that moment at the moment until there is some type of negative headline; right? i mean when you look at that, that's what's been our biggest problem. >> i think it has been. this has been headline driven for the last three or four years. i think since january truly people have decided they are going to put their money in the stock market. i mean they think the fundamentals are getting better. we saw this this morning with the data out of china and the u.s. i think people are continuing to feel better, and as long as they are feeling better, they are
. this is something that is totally in line with the e.u. inspiration of social market economy, and we are lead by, first of all securing the sustainability of public finances in the long-term, including a pension reform, and also looking at the de facto for growth. infrastructures, long delayed in italy, we have simplified the process of building infrastructures and injected in acceleration on those. then the functioning of the markets and that we have introduced more competition for example, in the leader of professions, like to call themselves -- but many pressures to become liberal. and in the separation between gas production and gas distribution, to give you another example. all in the shopping hours and the commerce sector. also a lot of significant indication concerning -- of course this needs to be continued and one issue about the italian elections in which i will not go unless -- here today is which political configuration is more in line with the need to sustain these structures. but i believe that -- not even the largest countries can really keep a momento for growth or resume a momen
north korea about its nuclear weapon program. he said there will be talks with the e.u. about reaching a transatlantic trade agreement. and marco rubio gave the republican response and criticized obama's programs and proposals as more unnecessary deficit spending. joining us for more, head of european g-10 fx bank of america merrill lynch. welcome. >> good morning. >> want to start talking about europe, about cypress where he got back from. first the u.s. dollar, what's happening with the potential fiscal talks. how concerned are you, what does it moon for trading the currency? >> the u.s. dollar has weakened so far this year because of the overall market risk move that we have seen. positive of surprises in the u.s. at the global level. and looking forward, we were bullish on the u.s. dollar because we see a market correction as the u.s. tightens fiscal policy substantially this year. >> how severe of a correction might that -- >> we believe for the rest of the year the euro/dollar will be closer to 1.30 or below, 1.35. >> really? >> also last week we believe in the way there's a ceil
asking the e.u. designates hezbollah as a terrorist organization. >> reporter: graham called him one most unqualified, radical choices for secretary of defense in a long time, jenna. jenna: those comments out there. the obama administration not too happy about the comments and the process being held up. what is the administration saying about why it need the new national security team now? >> reporter: keep in mind the smart considering nominations for new secretary of defense. a nominee for cia director. president's new white house chief of staff offered this reminder we live in a dangerous world. >> between john brennan, the cia director and chuck hagel as secretary of defense we want to make sure we have those guys sitting in the chairs working because i don't want there to be something missed because of this hang up here in washington. >> reporter: you won't see action this week due to the president's day recess but capitol hill sources say the hagel nomination will be likely taken up a week from tomorrow. jenna: we'll watch that, mike, thank you. >> reporter: thank you. jon: for more
because countries in the eu or even the euro zone are very, very different to what germany or portugal or greece or italy to the east, it's a very, very different situation, in that, that means we need also all a bit of time, education, infrastructure investment, all this is needed so that they have, let's say, a growth perspective for the next years. >> thank you. take another round of questions. >> [inaudible] >> the federal reserve hester medical increased its balance sheet since the great recession. about 20, 30 years, it didn't very all that much. suddenly very large increase. is the federal reserve comfortable in that it has an exit strategy so that we don't have either major inflation -- [inaudible] or major losses from purchasing assets and resale trying to bring back this money. thank you. >> a very quick to comment. [inaudible] i'm very happy to american colleagues. i think that we in europe -- [inaudible] [inaudible] [inaudible] >> and in the back. did you have your hand up? >> that's what we do. any other questions? okay. is the one back you? >> i'm not an economist. i'm a
in its history. officials say there is a broad framework in place. even if the deal clears the eu, it must also pass the european parliament. the u.s. trade deficit unexpectedly narrowed in december. according to the commerce department, the trade gap fell on the drop of oil imports and hire exports. 16% say they are late at least once a week. the most common excuse is traffic. that is the latest from the fox business network. giving you the power to prosper. ♪ [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. your financial advis should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who thinlike you do. face time and think time make a difference. at edward jones, it's how we me sense of investing. dagen: talk about a recovery. the number of homes sold for $5 million or more hitting a record number in california last year. that is where we find robert gray. in the holl
friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some revenue. he says he is looking forward to working with lawmakers on overhauling both the individual and corporate tax codes. something that will probably take an awful long time here. dagen: thank you. rich edson in washington. connell: we have charlie rangel coming up. you probably h
, under the legislation, and then we have the e.u. sanctions and others that people follow mandated by the security council. the e.u. seems to be more flexible than we are, said it is operating room there. there is operating room in not putting more sanctions on the that could be helpful as an initial step. that would be important. each one of these the president would have to explain he is getting value, that the europeans to take sanctions off central banks and petroleum, for reasonable. that we could do things that i think are absolutely necessary. we have had a longstanding policy of not sanctioning food and medicine for good reasons, and when i was in the security council, in iraq, we made it carefully. that got screwed up and oil for food, and i did not want to talk about that, but that was an example of how things could go wrong. the basis was the right basis and that even in the worst of all possible situations, you cannot punish the population, particularly, for the sins of their leaders' summit if they did not choose the leaders. we have a situation where we have brought b
sanctions is by legislation, under the legislation, and then we have the e.u. sanctions and others that people follow mandated by the security council. the e.u. seems to be more flexible than we are, so there is operating room there. there is operating room in not putting more sanctions on the table could be helpful as an initial step. that would be important. each one of these the president would have to explain he is getting value, that the europeans to take sanctions off central banks and petroleum. that we could do things that i think are absolutely necessary. we have had a longstanding policy of not sanctioning food and medicine for good reasons, and when i was in the security council, in iraq we made them carefully. that got screwed up in oil for food, and i do not want to talk about that, but that was an example of how things could go wrong. the basis was the right basis and that even in the worst of all possible situations, you cannot punish the population, particularly, for the sins of their leaders, especially if they did not choose the leaders. we have a situation where
either by europe at large, the e.u. or china somehow swallowing up every bit of innovation that exists in the world. they're no longer, i think, worried about our economy being overwhelmed beyond our shores. >>brian: we're not worried about china hacking and taking our intellectual property. >> with respect, i think the vice president is flatout wrong. it does affect us economically what happens over there. chaos in europe, mass recession in europe, the fallout, maybe the collapse of the euro currency, that does affect us economically but also politically. can president obama now go on a road show as he will today and push for higher taxes which is what got italians into trouble? can he push for maximum infliction of pain on america? can he do that in light of what just happened with the voters in europe? i suspect there are economic and political fallout in america from what happened yesterday in italy. >>brian: if he could do that by not connecting the dot, a responsible leader would connect the dots and talk about how they're related. i'm not an expert on italian politics, but when
works. now when you work on a problem like this, as we do in the u.s., perhaps not at the scale the e.u. will, we'll find out. you learn not only more things about the brain but you learn how to build better computers and circles around and all boats rise. but the one mess age i want to leave with you with is that basic research still done in universities primarily including this new world of use inspired basic research with good interaction with companies and so forth producing the independenceble feed stock for companies and especially for young entrepreneurial companies that increasingly drive innovation, products, and jobs. mr. chairman, rajing member johnson, thank you for the opportunity to be here. i'll be happy to answer any questions. >> thank you. thank you for your testimonies today. i'll recognize myself for five minutes to ask questions and mr. templeton i would like to address my first question to you. let me preface by saying this in the united states every year $400 billion is spend on research and development. about $140 billion comes from the federal government. those
. tell your story about how family and medical leave has helped you, how much more eu could have been helped had not had the financial stresses that i am sure exist in families when they have to take unpaid leave. asked them both to amend the family and medical leave so more people can take it for more reasons and how much you need paid leaves. host: what exactly is a national partnership? caller: we are a national advocacy group that works on access to quality health care, that works on issues like workplace fairness and to ensure workers can be responsible family members. this is why we are advocates for expanding medical leave. it it is a labor of love for us to help working families secure the health care they need. we are a nonprofit organization that receives donations that are tax deductible from foundations and individuals. host: you can go to their web site nationalpartnerships.org. caller: i want, i think it is great the work you have done. it is great you're able to use that. about 10 years ago i had a 16 year old daughter that had a dui. i found that she was involved in dr
is a challenge t to all of us on both sides of the 50eu8, bot-- bothsides of the aisle, bs of the rotunda, to take the student debt crisis seriously. madam president, i yield the floor and i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: william quorum call:
a letter asking the e.u. to declare hezbollah a terrorist . >> one minute remaining. >> the terrorist organization in 2007 while killing our soldiers in iraq. he refused to sign a letter to president george w. bush talking -- he said to engage direct, talks with the government of iran. he was for that telling bush to do it. he voted against the iranian sanctions. he was one of two senators who failed to sign a letter to president clinton showing unconditional support for the state of israel. i would argue his record when it comes to iran and vale and statements he made put him well out of the mainstream and "the washington post" is right on the fridge. and now is the time to have somebody on the fringe of iran and israel serving as secretary of defense for the reason. ly vote no. debate should continue and when we get back unless there's a bomb shell. thank you. >> thank you. i yield the floor. senator from michigan. >> yield five minutes for the senator of wfd. >> senator from west virginia. >>. >> madam president. proudly support chuck hagel for secretary of defense. if he can make
of the other things i did want to touch about, and these drug shortages, 50eu6 got to tell you, this affidavit just came from tucson and from the northeast, so it's not specific just to rural or urban areas. these are critical shortages that have to be addressed, and i don't like that -- i don't think that the hypothesis or the conclusions you come to are real. i think we're actually worse shortages. just because we put out a report doesn't mean that we've remedied it. we've actually made some of the problems even worse for the gray market. now we understand where we hoard, where we take, where we increase the sales. so we've got a huge problem here. to go back to my colleague, mr. chaffetz, in federal properties. i want to give you a real clear example of federal properties that have a problem. we just got back from a codell in regards to the state department looking at our embassies, and in particular i want to highlight morocco. here we are spending over $150 million building a new embassy in morocco, and we have yet to assay and look at what the value and possibility of sale of our current
-- inside "the baltimore sun" -- then in foreign affairs news -- then, the eu decides not to arm rebels in syria -- that is the washington post this morning. bp is ready for court -- the washington post is reporting about strange bedfellows -- there is a provision in the bill that charges a smoker 50% more for medications and patience to do not use a stick -- who do not use tobacco. here is a quote -- we're talking about armed guards in school. we have time for one more phone call. nick in columbus -- colombia, maryland, you're the last. caller: good morning. thank you for having me on. host: what are your thoughts? caller: we are very reactive, not proactive. it is only a matter of time before we should have expected something like this to happen in a school. this keeps repeating and repeating. we put guards in their pour about four years. then we cut money out of the budget. something will happen, we will put them back in. for my republican friends who said he wants teachers to take training, they cannot stop dating our students. how will they be able to carry a gun? i do not think th
the ambassadors to the united states from e.u. countries. so they are doing a european idol. sports metaphor. they have an american comment to launch entertainment. so i gave a speech in a figurehead got good friends here, let's have a little fun. let's talk about red nations, detentions and interrogation. i'm sorry to be flip, but i wanted them to understand our thinking. i knew they didn't agree with your thinking, but i wanted them to understand it. this is one i did a lot of work on my own. page two or three are gathered to european diplomats. let me tell you what i believe, the agency believes, government police and i believe that my nation believes. we're a nation at war with al qaeda and its affiliates. this was global in scope and the only way i can fulfill my legal and moral responsibility to make citizens to take this fight that enemy wherever they may be. war, al qaeda, global. there is another country there who agreed with it. they not only rejected the four sentences for them, they did not believe in legitimacy of those four sentences for us. so the ca or aaron and drone strikes
negotiations with europe on a u.s.-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. we need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is our largest export partner. europe is china's largest export your. china is our fastest growing export partner. if europe goes into the can, the whole triangle goes in the can. that is a bad idea. this would be huge on both sides of the pond. there are a lot of big trade agreements that have been talked about or a long time. these would put cash on the table right now. it is important that we welcome global investment. we want people to bring their cash here. come here and invest or come here and visit. the terrorism is a great way -- tourism is a great way. we like that.
financial crisis, the fee future of the eu and the eurozone as well as developments happening in north africa. then as he moves across into the gulf where he'll talk in turkey and to leading gulf nations there, the topics are likely to be syria and also what's happening with respect to iran. there's a very important negotiating meeting this week where the so-called p-5 plus 1 lead negotiators will get together with iranian officials and see if something can be negotiated on iran's nuclear program. >> p.j., i want to ask you also what yesterday was. it marked bradley manning's 1,000th day in custody without a trial. he of course the army private accused of leaking the classified materials to wick leaks. you left the state department after getting in a little bit of hot water after saying the pentagon was treating manning unfairly. three years later, what are your thoughts on him now? >> for a caveat, the formal trial has not begun, but there is a legal proceeding under way, you know, regarding the charges and a potential, you know, plea-bargain. so this is a very open and transparent le
. >> steve: there is a scandal that is rocking europe. folks in the e.u., european union, thought they were eating beef burgers and beef lasagna, only to learn it was horse meat. so should americans be worried that that can happen here? let's talk to fox news legal analyst and a lover of beef, peter johnson, jr. >> i am. short answer is no, i don't believe that there should be any fear in america with regard to horse meat entering our system as beef. but in europe, it's a significant issue and just this morning, it's been determine that a drug called bute, used to treat inflammation and even arthritis in horses was found in meat that was considered to be beef. two issues, drug contamination from horse meat, second issue, big cultural taboo. here in the united states and great britain, we do not, we are not, we don't want to eat horse, especially if it's called beef. so when we order a hamburger, we anticipate that the hamburger is beef. 100% beef. burger king over in great britain said listen, there is no problem here in the united states. and we've stopped our distributor over there where
of say, how about the last few years? the u.s. emissions are down, i think 8%. e.u. emissions are down 9%. chinese emissions are up 30%. look at where the coal is being burned. i think in five years india is supposed to become the second largest burner of coal right behind china. the gobal picture -- if the national one isn't enough to make you cry, think globally about where we're going. so that's the crying part. you asked me for bright spots. there are actually are some, so relax. the new car standards will double fuel economy by 2025. california is moving ahead and it is a real bright spot. they are strengthening their targets, that's a bright spot. they got a plan, they have a program, south korea is thinking about instituting emissions trading. china has seven experiments around the country looking at emissions trading. you see some signs then you have these big looming clouds. we have to find a way to get through this and, god, i hope you're not looking for me for all the answers. it isn't all bleak but people better get on to it and get on to it really fast. otherwise it will get
overwhelmed either by europe writ large, the eu or china somehow swallowing up every bit of innovation that exist in the world. they are no longer i think worried about our economy being overwhelmed beyond our shores. but, and i don't think there is no, very little doubt in any circles out there about america's ability to be in position to lead the world in the 21st century. not only in terms of our foreign policy, our incredible defense establishment, but economically. i think the american people are ready to get up as a civil rights leader when i was coming up as a kid said, the american people are just tired of being tired. get up and move. you guys know that because it's happening in your state. you're probably feeling it in your fingertips more than most of us do here in washington. and as i said i think they know we're better positioned than any of the nation in the world to lead the world. and that's what i think they are so frustrated by what they see and don't see happening here in washington. and i think their frustration is turning into a little bit of anger. i found an inte
Search Results 0 to 40 of about 41 (some duplicates have been removed)